The fourth quarter earnings season momentum continues this week, with results from Alphabet (GOOG, GOOGL), Amazon (AMZN), AMD (AMD), Qualcomm (QCOM), and Palantir (PLTR) highlighting the calendar. As of Jan. 30, 33% of S&P 500 (^GSPC) companies have reported fourth quarter results, according to FactSet data, and Wall Street analysts estimate an 11.9% increase in […]
Shares of Larsen & Toubro (L&T) surged 3.6 per cent in early trade on Thursday to emerge among the top gainers on the Nifty 50, tracking investor reaction to the December quarter earnings and largely positive brokerage commentary on its medium-term prospects. At 10.04 am, it was trading at ₹3,884 on the NSE, up 2 […]
Nvidia Corp. delivered a surprisingly strong revenue forecast and pushed back on the idea of an AI bubble, easing concerns that had spread across the wider technology sector. “There’s been a lot of talk about an AI bubble,” Nvidia CEO Jensen Huang says. “From our vantage point, we see something very different.” (AFP) The world’s […]